Top 100 Forex Broker Reviews
In an age where choices abound and choosing is now the problem and not availability, forex broker reviews come in handy. You will find a lot of answers when you read forex trading reviews. They will point you in the right direction.
As always, you will need to consider several things before you buy anything. When we were compiling this list of the best forex brokers reviews, we considered a lot to make it as accurate as possible.
But before you delve into what the forex reviews say about these forex brokers, let’s find out why reviews are important to you as the customer.
1. They Act as A Cautionary Step Before Action
The meaning of the phrase ‘due diligence’ charges you as the customer with looking through something carefully and playing your part. Reading the forex broker reviews is part of this.
They are there so you do not have to say later ‘I didn’t know’.
Caution is a must when you want to spend money on anything. Read the forex reviews to know exactly what you are buying.
2. They Provide You with Social Proof
Whenever people use anything these days, be it a service or product, companies will often ask them to review their experience. Forex reviews are much the same way. You get testimonials from real people and what they think about a company.
This is the same concept used to sell you other products using influencers on Instagram. However, it works even better when it is people just like you who have done something, see how it works and can relate to you what happens with honesty and sincerity.
Our forex reviews account for what actual customers say about the products we recommend here.
3. They Give Credibility and Reliability
Forex trading reviews take into account the reputation of a company. How well do we know them and how are they regarded by society at large? Answering this question means digging deep into things that most people often miss when writing forex trading reviews.
By reading the forex broker reviews, you can judge the trust of a person offering you a service of any kind. When you are shopping for anything, deciding if you can rely on it or not is usually very hard.
You can eliminate this hurdle by consulting a review first before you get into any business with anyone. Credibility is very important for any kind of business that takes place online. Read the forex broker reviews to get a clear picture before you pick anything.
We take what we do here seriously and that means hundreds of hours reading about the brokers and testing their demo accounts to see what they are like. What people say about them influence how we write the forex broker reviews.
If you are curious about any details regarding them, you find that we have covered all the main points that matter to you as a client.
IC MARKETS REVIEW
Welcome to our IC Markets Review. The company is a well-known and popular online broker in the currency and CFD markets, which offers competitive differentials in a wide range of assets in global markets. Andrew Budzinski, a reputed entrepreneur, founded this company in 2007. However, International Capital Markets based in Sydney, Australia own and operate it.
The company’s headquarters is at 6 309 Kent Street Sydney, NSW 2000, and the brokerage house is considered the best forex broker. It is because, as you will see in our IC Markets Review, the company is trying to close the gap between traders and large institutional investors by offering investment solutions that were once provided only by investment banks. IC Markets minimum deposit is also low.
IC Markets Regulation
As you will see in our IC Markets Review, the broker is regulated by both the Australian Securities and Investments Commission (ASIC) and The Cyprus Securities and Exchange Commission (CySEC). With a regulation like this, your money will always be safe. In case of anything, you have a way to appeal or make a case against the company.
With the regulations, you will also know that you are trading using a company that respects your money and does a lot to ensure that you are treated fairly as a trader. It also keeps them in check by ensuring that they have fair trade practices.
In addition to this, their prices are great, and the IC Markets’ minimum deposit is low.
When you sign up to IC Markets, a third-party recruiter will offer you a 30% cost discount or a 50 trading bonus to the clients they recruit. Find them here: www.icmarkets.com. The gift is eligible for both new and current clients.
All you will need to do is click the link provided by the website mentioned above and use the ID presented. You will have to trade $15 lots on a standard account. After you do that, follow the instructions to show them that you have traded the 15 lots, and they will send you $50 via PayPal.
As for the 30% discount, the process is the same, but the condition says that “New costs will be 5.5$/lot on Raw account (save 21%) and from 0.7 pip spread on standard account (save 30%).”
In research for our IC Markets Review, we found that deposits and withdrawals processed in 2-3 days, depending on the method you use. You will not pay withdrawal or inactivity fees when you use the company.
Because they are a regulated company, they do not manipulate market prices and are obligated by law to honor all the deposit and withdrawal requests sent into them. If they violate the regulations, you can sue, and they can be stripped of their regulatory status.
In our IC Markets Review, we hope that you can see the broker is a cost-effective online trading solution suitable for almost any type of trader.
They also offer the highest leverage available in Australia, low margins and rates, an excellent education center, and the IC Markets minimum deposit is low. This service provides clients with an additional layer of security. If any situation arises, clients will get the best treatment ensuring their protection.
One of the things in which IC Markets stands out is at the level of customer service. Because it is an international online broker, we provide our clients with multilingual assistance 24 hours a day, five days a week. There is no opportunity for a single client to lose touch with us at times of their need.
IC Markets is a secure system that protects your data via encryption. Also, they have many years of experience in the online trade industry.
They offer competitive services and provide a wide range of sophisticated commercial platforms.
You can open an account at IC Markets by completing the application form via the IC Markets website. Then you have to provide personal details and top up a minimum USD 200 or equivalent currency in mind. More Facts about IC Markets.
|Established: 2007||Website: https://www.icmarkets.com|
|Address: 6 309 Kent Street Sydney, NSW 2000||Regional Offices: None|
|Mobile Trading: Available||Regulators: Australian Securities and Investments Commission (ASIC).|
|Minimum Trade Size: 0.01||Prohibited Countries: United States|
|Maximum Leverage: 1:500||ECN: Available|
|Minimum to Open Live: $200||Currencies: 65 Pairs|
|Trading Platforms: MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac||Cryptocurrencies: Available (10+)|
|Robots: Available||CFD: Available (19)|
|Scalping: Allowed||Web Trading: Available|
|Deposit Methods: Bank/wire transfer, Paypal, credit card, Skrill, Neteller, UnionPay, Bpay, FasaPay, and Poli.||Withdrawal Methods: Bank/wire transfer, Paypal, credit card, Skrill, Neteller, UnionPay, Bpay, FasaPay, and Poli.|